Daily Money Management FAQ

Frequently Asked Questions Related to Daily Money Management:

What is a Daily Money Manager?

Daily Money Managers (DMMs) are trained professionals who help you manage your personal monetary affairs. This includes organizing and tracking financial paperwork, handling on-time payment of bills, check writing, banking, medical paperwork, tax and insurance documents, and a number of other financial and administrative tasks.

Is Daily Money Management mostly used by seniors?

While seniors do take advantage of what we offer, we also work with busy professionals who want to remove the hassle of handling day-to-day paperwork, and adult children who are caring for elderly loved ones and would like help simplifying the process.

Who can benefit from Daily Money Management?

Our ideal client is someone who would like help managing any or all of their financial activities and paperwork. We partner with you to create a customized solution that fits what you need. If you only want our help with one small piece of your life, we can handle that for you. If you’d like us to take over everything so you no longer have to think about it, we’re happy to do it!

Can I continue using my own financial and legal advisors?

Yes, absolutely. We can work with your existing advisors that you know and trust.

What do you do to ensure my information is kept private and secure?

We at Liberty Paperwork Solutions are members of the American Association of Daily Money Managers (AADMM) and are committed to maintaining their high standard of ethics.

We work to protect our clients’ right to privacy and confidentiality at all times, which means your information will never directly or indirectly be disclosed to any person without your consent.

How will I know my bills are being paid on time?

You will receive a monthly statement from us verifying that all of your bills have been paid accurately and on time, with details including the payment date and specific amounts.

How does your bill payment service differ from online bill pay through my bank?

Online bill pay is a great free service, but it is automated and not capable of making adjustments you’ll need if you plan on freeing yourself from managing your day-to-day finances long term. A Daily Money Manager can help you monitor for fraudulent activity, handle disputes or questions on your behalf, adjust your payment schedule for changing credit card due dates, and much more. We don’t just automate the process, we act as your eyes and ears to prevent issues from ever occurring.

Do you only work with local clients?

While many of our clients are located in the NY/NJ area, we do work with clients in other states across the US. Regardless of location, we will go out of our way to provide the best service possible to you.

How much will this cost me?

The fee we charge is based on an hourly rate and will depend on the type of work we are doing for you. An initial consultation is free, and we use that time to learn about your needs and talk about what we can do to help you.

Are you insured?

Yes, we have liability insurance so that you’re 100% protected in the unlikely event of any errors, omissions or mistakes!

How can I start working with you?

We’re glad you asked! You can contact us directly by visiting our contact page here. From there, please choose the contact method that is convenient for you (phone, email, or online form).

Testimonials

I was very concerned about giving financial control to somebody, but now I am completely comfortable with the process. Emily’s team is completely reliable and trustworthy. The bills were paid on time and the finances were all organized, but what I found most helpful was Emily’s willingness to answer all of my questions, even when I’m sure I just wanted the reassurance that the finances were in order. Liberty Paperwork Solutions gets my highest recommendation. It has really changed my life.

Brad K.NJ

Emily is the ultimate professional. She delivers expert results and does so in a personable manner. Emily and her organization are the ‘gold’ standard against which I judge all service providers.

Corinne C.NJ

Caring for a loved family member unable to manage financial matters can be overwhelming and challenging. Emily’s empathy and first-rate financial and management skills allowed our family to focus on our positive relationships with one another rather than issues of money management. Emily’s thorough and resourceful support has meant so much to our family – she has given us joy in our relationships and we could not have done this without her.

Michele M.MA

Emily was recommended by a very trusted source as a resource to help my 85-year-old mother organize her financial records and pay her monthly bills. I was initially a little concerned about anyone having access to my mother’s banking and investment accounts, but Emily put those concerns to rest. She did an excellent job of organizing my mother’s records and sits with my mother several times a month to pay her bills. She sends me a detailed spreadsheet showing what has been paid from each of …

Marian C.MD

Emily was reliable and very pleasant to work with. She was referred to us by a family friend. She kept me calm and her work was exemplary. I absolutely would recommend her without any hesitation.